How to Make Money on iPhone Apps

Sure, the marketplace is teeming with competing apps. But there still is tremendous opportunity for scoring big—if you have a great idea.

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How many times has a friend showed you his or her favorite new iPhone app, and you lamented: Why didn’t I think of that?

With total application downloads from Apple’s iTunes app store topping three billion, and monthly sales of upwards of $200 million, the marketplace for apps is booming. If you’re a designer or programmer, how can you afford not to be creating apps? Well, it’s not quite that simple. Apple says it receives between 8,500 and 10,000 application submissions every week. That’s a mighty lot of competition, even for experienced game and media designers.

There are so many apps out there, it’s an extremely crowded market so that the barrier to entry is so low and the barrier to success is so high. But you’re not necessarily aiming to have the biggest game out there, so there’s still room to make a business out of it if you’re trying to capture a certain audience.

Of course, there’s more to making a profitable app than just having a good idea. And lots of the work comes after the design and programming is already done. Here is is a FREE eBook that many have used to get their App Ideas off the ground.